European tech markethttp://blogs.forrester.com/taxonomy/term/10252/all
enGlobal Tech Market Looking Better For 2015, At Least In The UShttp://blogs.forrester.com/andrew_bartels/15-01-07-global_tech_market_looking_better_for_2015_at_least_in_the_us
<p>We have just published Forrester&#39;s semi-annual global tech market outlook report for 2015 and 2016 (see &quot;<a href="https://www.forrester.com/The+Global+Tech+Market+Outlook+For+2015+To+2016/fulltext/-/E-RES115771">The Global Tech Market Outlook For 2015 To 2016 -- Five Themes That Will Define The Tech Market</a>&quot;). In this report, we are projecting growth of 4.1% in 2015 and 6.3% in 2016 business and government purchases of computer and communications equipment, software, and tech consulting and outsourcing services measured in US dollars. These growth rates are distinct improvements over the 2.3% growth in 2014. The strong dollar is a key negative factor in these forecasts; measured in local currency terms, the growth track for the global tech market is higher with a gentler upward slope, from 3.3% in 2014 to 5.3% in 2015 and 5.9% in 2016.</p>
<p>Our global tech market outlook can be defined with five main themes:</p><a href="http://blogs.forrester.com/andrew_bartels/15-01-07-global_tech_market_looking_better_for_2015_at_least_in_the_us" title="Read the rest of &#039;Global Tech Market Looking Better For 2015, At Least In The US&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_372 first"><a href="/category/asia_pacific" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Asia Pacific</a></li>
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<li class="taxonomy_term_12028 last"><a href="/category/infrastructure_software" rel="tag" alt="See other content with this tag." title="See other content with this tag.">infrastructure software</a></li>
</ul></div>http://blogs.forrester.com/andrew_bartels/15-01-07-global_tech_market_looking_better_for_2015_at_least_in_the_us#commentsAsia PacificCIOCanadaEuropean tech marketLatin AmericaUS tech marketbusiness technology agendacloud computingcomputer equipmentglobal tech marketinfrastructure softwareWed, 07 Jan 2015 16:10:22 +0000Andrew Bartels11317 at http://blogs.forrester.comEuropean Tech Market Showing Signs Of Life, But Not Yet A Boomhttp://blogs.forrester.com/andrew_bartels/14-07-14-european_tech_market_showing_signs_of_life_but_not_yet_a_boom_0
<div>Forrester has just published its annual European Tech Market Outlook (see &quot;<span><a href="http://www.forrester.com/At+Last+A+Tech+Market+Recovery+In+Europe/fulltext/-/E-RES115741">At Last, A Tech Market Recovery In Europe</a>&quot;)</span><span>, and we are projecting modest growth </span><span>of 2.3% in euros in 2014 </span><span>for European business and government purchases of technology goods and services, with an acceleration to 4.9% in 2015. There are some bright spots in the European tech market:</span></div>
<div>
<ul>
<li><span>Spending on technology that supports customer facing processes (e.g,, customer relationship management, marketing automation, mobile applications, eCommerce solutions, Web content management, etc.) will rise by over 10% as firms put priorities on technologies that help them directly win, serve, and retain more empowered customers;</span></li>
<li><span>Spending on software in general will rise by 4%, with spending on applications outpacing spending on middleware.</span></li>
<li><span>Tablets will be the one segment of hardware that will post robust growth. </span></li>
<li><span>The UK, Sweden, and the Benelux countries will have the best growth.</span></li>
</ul><a href="http://blogs.forrester.com/andrew_bartels/14-07-14-european_tech_market_showing_signs_of_life_but_not_yet_a_boom_0" title="Read the rest of &#039;European Tech Market Showing Signs Of Life, But Not Yet A Boom&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_10252 first"><a href="/category/european_tech_market" rel="tag" alt="See other content with this tag." title="See other content with this tag.">European tech market</a></li>
<li class="taxonomy_term_519 last"><a href="/category/tech_developments" rel="tag" alt="See other content with this tag." title="See other content with this tag.">tech developments</a></li>
</ul></div>http://blogs.forrester.com/andrew_bartels/14-07-14-european_tech_market_showing_signs_of_life_but_not_yet_a_boom_0#commentsCIOEuropean tech markettech developmentsMon, 14 Jul 2014 12:42:22 +0000Andrew Bartels10819 at http://blogs.forrester.comA Better Global Tech Market In 2014, With The US Pulling the Freighthttp://blogs.forrester.com/andrew_bartels/14-01-02-a_better_global_tech_market_in_2014_with_the_us_pulling_the_freight
<p>Forrester has just published our forecast for the 2014-2015 global tech market (January 2, 2014, <a href="http://www.forrester.com/A+Better+But+Still+Subpar+Global+Tech+Market+In+2014+And+2015/fulltext/-/E-RES104903">"A Better But Still Subpar Global Tech Market In 2014 And 2015"</a>), and we are predicting that business and government purchases of information technologies (IT) will grow by 6.2% in US dollars in 2014, and by 5.5% in exchange-rate-adjusted or local currency terms. (Note that this data includes purchases of computer equipment, communications equipment, software, IT consulting and systems integration services, and IT outsourcing services, but does not include purchases of telecommunications services.) The US dollar growth rate will be distinctly better than the 1.6% growth in US dollars in 2013, though constant currency growth will be only somewhat better than the 4.3% growth in 2013. Still, the global tech market won't see strong growth until 2015, and even then the 8.1% US dollar and 6.9% local currency growth rates will be well below the double-digit growth rates of the late 1990s and 2000 era.</p>
<p>Three interconnected and reinforcing themes will define the global tech market this year:</p><a href="http://blogs.forrester.com/andrew_bartels/14-01-02-a_better_global_tech_market_in_2014_with_the_us_pulling_the_freight" title="Read the rest of &#039;A Better Global Tech Market In 2014, With The US Pulling the Freight&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_372 first"><a href="/category/asia_pacific" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Asia Pacific</a></li>
<li class="taxonomy_term_10252"><a href="/category/european_tech_market" rel="tag" alt="See other content with this tag." title="See other content with this tag.">European tech market</a></li>
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<li class="taxonomy_term_235"><a href="/category/mobile" rel="tag" alt="See other content with this tag." title="See other content with this tag.">mobile</a></li>
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</ul></div>http://blogs.forrester.com/andrew_bartels/14-01-02-a_better_global_tech_market_in_2014_with_the_us_pulling_the_freight#commentsAsia PacificCIOEuropean tech marketLatin AmericaSaaSUS tech marketcloud computingmobilesmart process appstech developmentstech dynamicsThu, 02 Jan 2014 13:25:58 +0000Andrew Bartels10159 at http://blogs.forrester.comMixed Is The Word For the Global And European Tech Markets In Mid 2013http://blogs.forrester.com/andrew_bartels/13-07-14-mixed_is_the_word_for_the_global_and_european_tech_markets_in_mid_2013
<p>At the half mark through 2013, both the global and the European tech markets have pockets of strength and other pockets of weakness, both by product and by geography. Forrester&#39;s mid-2013 global tech market update (July 12, 2013, <a href="http://www.forrester.com/home#/A+Mixed+Outlook+For+The+Global+Tech+Market+In+2013+And+2014/quickscan/-/E-RES83061">"A Mixed Outlook For The Global Tech Market In 2013 And 2014 -The US Market And Software Buying Will Be The Drivers Of 2.3% Growth This Year And 5.4% Growth Next Year"</a>) shows the US market for business and government purchases of information technology goods and services doing relatively well, along with tech markets in Latin America and Eastern Europe/Middle East/Africa and parts of Asia Pacific. However, the tech market in Western and Central Europe will post negative growth and those in Japan, Canada, Australia, and India will grow at a moderate pace. Measured in US dollars, growth will be subdued at 2.3% in 2013, thanks to the strong dollar, and revenues of US tech vendors will suffer as a result. However, in local currency terms, growth will more respectable, at 4.6%. Software -- especially for analytical and collaborative applications and for software-as-a-service products -- continue to be a bright spot, with 3.3% dollar growth and 5.7% in local currency-terms. Apart from enterprise purchases of tablets, hardware -- both computer equipment and communications equipment -- will be weak. IT services will be mixed, with slightly stronger demand for IT consulting and systems integration services than for IT outsourcing and hardware maintenance. </p><a href="http://blogs.forrester.com/andrew_bartels/13-07-14-mixed_is_the_word_for_the_global_and_european_tech_markets_in_mid_2013" title="Read the rest of &#039;Mixed Is The Word For the Global And European Tech Markets In Mid 2013&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_372 first"><a href="/category/asia_pacific" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Asia Pacific</a></li>
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</ul></div>http://blogs.forrester.com/andrew_bartels/13-07-14-mixed_is_the_word_for_the_global_and_european_tech_markets_in_mid_2013#commentsAsia PacificCIOCanadaEuropean tech marketFranceGermanySmart ComputingUKUS tech marketcloud computingcomputer equipmenttech developmentsSun, 14 Jul 2013 16:16:14 +0000Andrew Bartels9515 at http://blogs.forrester.comGlobal Tech Market To Grow By 5.4% In 2013 And 6.7% In 2014http://blogs.forrester.com/andrew_bartels/13-01-03-global_tech_market_to_grow_by_54_in_2013_and_67_in_2014
<p>The 2013 New Year has begun with the removal from the global tech market outlook of one risk, that of the US economy going over the fiscal cliff. On New Year&#39;s day, the US House of Representatives followed the lead of the US Senate and passed a bill that extends existing tax rates for households with $450,000 or less in income, extends unemployment insurance benefits for 2 million Americans, and renews tax credits for child care, college tuition, and renewable energy production, as well as delaying for two months the automatic spending cuts. While it also allowed Social Security payroll taxes to rise by 2 percentage points -- thereby raising the tax burden on poor and middle class people -- and did not increase the federal debt ceiling or address entitlement spending, the last-minute compromise does mean that the US tech market no longer has to worry, for now, about big increases in taxes and cuts in spending pushing the US economy into recession.</p><a href="http://blogs.forrester.com/andrew_bartels/13-01-03-global_tech_market_to_grow_by_54_in_2013_and_67_in_2014" title="Read the rest of &#039;Global Tech Market To Grow By 5.4% In 2013 And 6.7% In 2014&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_356 first"><a href="/category/analytics" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Analytics</a></li>
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</ul></div>http://blogs.forrester.com/andrew_bartels/13-01-03-global_tech_market_to_grow_by_54_in_2013_and_67_in_2014#commentsAnalyticsCIOEuropean tech marketSmart ComputingSoftwareUS tech marketcloud computingtabletstech developmentstech dynamicsThu, 03 Jan 2013 14:18:44 +0000Andrew Bartels8662 at http://blogs.forrester.comForrester's Latest Global IT Market Forecast Shows Slower Growth Of 5% In 2012, With Better Growth In 2013http://blogs.forrester.com/andrew_bartels/12-01-06-forresters_latest_global_it_market_forecast_shows_slower_growth_of_5_in_2012_with_better_growth_in_
<p>We have just published Forrester&#39;s current forecast for the global market for information technology goods and services purchased by businesses and governments (see January 6, 2011, &quot;<a href="http://www.forrester.com/rb/Research/global_tech_market_outlook_for_2012_and/q/id/58328/t/2">Global Tech Market Outlook For 2012 And 2013</a>&quot;), and it shows growth of 5.4% in 2012 in US dollars and 5.3% in local currency terms. Those growth rates are a bit lower than our prior forecast in September 2011 (see <a href="http://www.forrester.com/rb/Research/global_tech_market_outlook_for_2011_and/q/id/57815/t/2">September 16, 2011, "Global Tech Market Outlook For 2011 And 2012 -- Economic And Financial Turmoil Dims 2012 Prospects</a>&quot;), where we projected 2012 growth of 5.5% in US dollars and 6.5% in local currency terms. I would note that these numbers include business and government purchases of computer and communications equipment, software, and IT consulting and outsourcing services equal to $2.1 trillion in 2012, but do not include telecommunications services.</p><a href="http://blogs.forrester.com/andrew_bartels/12-01-06-forresters_latest_global_it_market_forecast_shows_slower_growth_of_5_in_2012_with_better_growth_in_" title="Read the rest of &#039;Forrester&amp;#039;s Latest Global IT Market Forecast Shows Slower Growth Of 5% In 2012, With Better Growth In 2013&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_372 first"><a href="/category/asia_pacific" rel="tag" alt="See other content with this tag." title="See other content with this tag.">Asia Pacific</a></li>
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</ul></div>http://blogs.forrester.com/andrew_bartels/12-01-06-forresters_latest_global_it_market_forecast_shows_slower_growth_of_5_in_2012_with_better_growth_in_#commentsAsia PacificCIOEuropean tech marketSmart ComputingUS tech marketcloud computingconsumerizationtech developmentstech dynamicsFri, 06 Jan 2012 16:18:40 +0000Andrew Bartels7181 at http://blogs.forrester.comOracle Delivers A Lump Of Coal To The Tech Market, But It's Too Soon To Call It A Harbinger Of A Tech Downturnhttp://blogs.forrester.com/andrew_bartels/11-12-21-oracle_delivers_a_lump_of_coal_to_the_tech_market_but_its_too_soon_to_call_it_a_harbinger_of_a_tech
<p>Oracle yesterday reported surprisingly weak results for its fiscal quarter ending on November 30 (see December 20, 2011, &quot;<a href="http://www.oracle.com/us/corporate/investor-relations/financials/q2fy12-1403257.pdf">Oracle Reports Q2 GAAP EPS Up 17% to 43 Cents; Q2 Non-GAAP EPS up 6% to 54 Cents</a>&quot;), with total revenues up just 2%, software revenues up 7%, hardware revenues down 10%, and services revenues flat. Even worse, hardware product sales were down 14%, new software license revenues rose just 2%, and license revenues for Oracle applications actually fell by 4%. Oracle had set expectations for revenue growth of 5% to 15%, and most financial analysts had projected growth at the high end of that range, based on Oracle&#39;s license revenues in prior quarters growing by 22% to 34% for applications, and 14% to 27% for database and middleware revenues. Oracle attributed the shortfall in revenues to potential deals that failed to close by the end of the quarter due to buyer caution.</p>
<p>For the tech sector, this is a worrisome report. Oracle&#39;s software revenues had been consistently stronger than the overall tech market, growing by 17% in US dollars in the prior quarters in 2011. If Oracle&#39;s software revenue growth slips to 7%, does that imply that the rest of the tech market is going to see little or no growth in Q4 2011?</p><a href="http://blogs.forrester.com/andrew_bartels/11-12-21-oracle_delivers_a_lump_of_coal_to_the_tech_market_but_its_too_soon_to_call_it_a_harbinger_of_a_tech" title="Read the rest of &#039;Oracle Delivers A Lump Of Coal To The Tech Market, But It&amp;#039;s Too Soon To Call It A Harbinger Of A Tech Downturn&#039;." class="node_read_more">Read more</a><div class="categories"><h3>Categories:</h3><ul class="links"><li class="taxonomy_term_10252 first"><a href="/category/european_tech_market" rel="tag" alt="See other content with this tag." title="See other content with this tag.">European tech market</a></li>
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</ul></div>http://blogs.forrester.com/andrew_bartels/11-12-21-oracle_delivers_a_lump_of_coal_to_the_tech_market_but_its_too_soon_to_call_it_a_harbinger_of_a_tech#commentsCIOEuropean tech marketOracleSoftwaretech developmentstech dynamicsWed, 21 Dec 2011 16:29:52 +0000Andrew Bartels7144 at http://blogs.forrester.com